Bloomberg’s new European headquarters has been named the UK’s best new building the Royal Institute of British Architects (RIBA) after an expert jury reached a “unanimous” decision. The prestigious RIBA Stirling Prize was awarded at a televised ceremony in London where the judges called the building a “once-in-a-generation project” that has “not just raised the bar for office design and city planning but smashed the ceiling.”

Conceived in collaboration with Foster + Partners, the building is the first wholly owned and designed Bloomberg building in the world and brings Bloomberg’s 4,000 London-based employees together in a dynamic, innovative workplace designed to inspire collaboration and to push the boundaries of sustainable office design.

The building achieved an ‘Outstanding’ rating against the BREEAM sustainability assessment method, with a 98.5% score. This is the highest design-stage score ever achieved by any major office development and recognizes the development’s innovative environmental strategies, which deliver a 73% saving in water consumption and a 35% saving in energy consumption compared with a typical office building.